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Top related persons:
Matt Scanlan - 2 Charnas - 2 Brandon Charnas - 2 Silas Capital - 1 Silas Chou - 1 Jenny Fleiss - 1 SEC hasn't - 1 Something - 1
Top related locs:
Wall Silicon Hong Kong
Top related orgs:
Service - 2 SEC - 2 Something Navy - 2 Navy - 1 Something - 1 Kind Venture - 1 Silas - 1 US Securities and Exchange Commission - 1

Search resuls for: "Brandon Charnas"


3 mentions found


☆ What happened to Something Navy: How Arielle Charnas' clothing brand went from internet sensation to defunct site in 3 years
  + stars: | 2023-07-27 | by ( Grace Mayer | ) www.businessinsider.com   time to read: +2 min
Something Navy is an apparel brand that was created by fashion influencer Arielle Charnas in 2020. Now, the company has endured losses in sales and more than half its employees and CEO have left. The apparel brand launched by fashion influencer Arielle Charnas in 2020 has faced faltering sales, hordes of employees have left the company, and the brand has fallen behind on payments to suppliers. Currently, no merchandise is being sold through Something Navy's website, where a note says: "The Something Navy site is getting a little refresh. Something Navy, which is a private company, was valued at $100 million a year after the brand launched, the company told Insider in 2021.
Persons: Matt Scanlan, Silas Capital, Silas Chou, Jenny Fleiss, Charnas, Brandon Charnas Organizations: Navy, Service, Something, Kind Venture, Silas, US Securities and Exchange Commission, SEC, Staples, Something Navy Locations: Wall, Silicon, Hong Kong
☆ Brandon Charnas, the husband of Something Navy's Arielle Charnas, isn't cooperating with an investigation into 'possible insider trading': SEC
  + stars: | 2023-07-25 | by ( Rebecca Cohen | Katie Warren | ) www.businessinsider.com   time to read: +3 min
Brandon Charnas isn't cooperating with a "possible insider trading violations" probe, the SEC said. Charnas, the husband of Something Navy's Arielle Charnas, bought Office Depot stock in 2021. Charnas made stock trades before an announcement that Staples wanted to acquire Office Depot, the SEC said in its statement. The SEC said Charnas hasn't cooperated with the probe, "improperly asserted" his Fifth Amendment right, and refused to turn over documents. In December, an Insider investigation found that Arielle Charnas' company was struggling to stay afloat amid an employee exodus, lackluster sales, and delayed payments to factories and models.
Persons: Brandon Charnas, Charnas, SEC hasn't, Something, Arielle, Staples, Brandon Charnas didn't, didn't, Charnas hasn't, it's, Matt Scanlan Organizations: SEC, Service, Something Navy Locations: Wall, Silicon
☆ Arielle Charnas' company, Something Navy, is floundering amid dwindling sales, an employee exodus, and furious suppliers
  + stars: | 2022-12-08 | by ( Katie Warren | ) www.businessinsider.com   time to read: +36 min
From the outside, it doesn't look as if Charnas' company is in trouble. Mark Sagliocco/Getty Images for Beach MagazineSeveral former employees told Insider they cut ties with Something Navy because they saw signs the company was struggling. Several current and former Something Navy employees told Insider they'd been inundated with emails since the spring from suppliers, freelancers, and models asking where their money was. In one email viewed by Insider, Scanlan told a supplier that cash was tight but promised payment was on the way. The current Something Navy employee said that based on data she'd seen, the retail locations most likely don't turn a profit.
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